How Has The Recyclable PackagingMarket Size Evolved In Recent Years?
The recyclable packaging market has seen considerable growth due to a variety of factors.
• The market size of recyclable packaging has seen a robust expansion in the past few years. An upward trend from $31.6 billion in 2024 to $33.34 billion in 2025 is expected, with a 5.5% Compound Annual Growth Rate (CAGR).
Factors contributing to this growth during the historic period include increased environmental consciousness and sustainable practices, rising consumer preference for green products, the circular economy's expansion and recycling infrastructure, the creation of environmentally-friendly packaging materials, as well as regulatory guidelines around recycling and minimizing waste.
What Is The Projected Growth Of The Recyclable Packaging Market?
The recyclable packaging market is expected to maintain its strong growth trajectory in upcoming years.
• The recyclable packaging industry is predicted to experience robust expansion in the upcoming years, with the market value projected to reach $43.65 billion in 2029 and a Compound Annual Growth Rate (CAGR) of 7.0%.
Factors contributing to this projected growth within the forecasted period include tailor-made recyclable packaging for specific items, the combining of smart packaging with traceability, eco-friendly and biodegradable packaging materials, the proliferation of zero-waste and closed-loop packaging, as well as the implementation of reusable and refillable packaging strategies. Noteworthy trends for the forecast period encompass regulatory adherence to recyclable packaging standards, clever and interactive recyclable packaging alternatives, bespoke packaging catering to singular consumer tastes, transparency in the sourcing and disposal of packaging materials, and the infusion of artificial intelligence into sustainable packaging design.
What Are The Primary Growth Drivers In The Recyclable Packaging Market?
The expected growth of the recyclable packaging market is likely to be driven by increasingly stringent regulations concerning the adoption of recycling packaging materials. Governments worldwide are enforcing strict rules to promote the use of recyclable packaging materials in an effort to reduce plastic landfill, manage waste efficiently, and foster sustainable business operations. For example, in October 2022, the Environment Ministers’ Meeting of the Australian Packaging Covenant Organization decided to change the packaging regulation by 2025. This change would ensure that all packaging designed in Australia is recoverable, reusable, recycled, and reprocessed safely according to circular economy principles. The modification of packaging regulation in Australia could significantly enhance how their packaging is designed and speed up material circularity for the 6.3 million tonnes of packaging introduced to the Australian market annually. Thus, stricter regulations on the adoption of recycling packaging materials are forecasted to spur the demand for recyclable packaging.
What Is The Segmentation Of The Global Recyclable Packaging Market?
The recyclable packaging market covered in this report is segmented –
1) By Type Of Packaging: Paper and Cardboard, Bubble Wrap, Void-fill Packing, Pouches and Envelopes
2) By Material type: Glass, Paper, Plastic, Tinplate, Wood, Aluminum, Biodegradable Plastics, Recycled Papers
3) By End Use Industry: Healthcare Industry, Food and Beverage Industry, Personal Care Industry
Subsegments:
1) By Paper and Cardboard: Corrugated Boxes, Folding Cartons, Paper Bags, Bubble Wrap
2) By Standard Bubble Wrap: Biodegradable Bubble Wrap, Void-fill Packing
3) By Air Pillows: Loose Fill Peanuts, Molded Paper
4) By Pouches and Envelopes: Stand-up Pouches, Flat Pouches, Kraft Paper Envelopes
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What Emerging Trends Are Shaping The Recyclable Packaging Market Landscape?
Sustainable packaging has lately become a significant pattern in the recyclable packaging industry. This type of packaging is recycle-friendly, reusable, non-hazardous, and is made from materials previously recycled. It not only lessens the carbon footprint but also encourages eco-friendly living, conserving energy and curtailing air, water, and sound pollution. For instance, Berry Global Group, Inc., a US-based plastic packaging producer, in November 2023, launched a series of reusable bottles made completely from post-consumer recycled plastic (PCR) for The Bio-D Co., a UK-focused company that produces eco-friendly cleaning supplies. These bottles - available in 25 ounces, 33 ounces, and 1.3 gallons sizes - have been specially designed for Bio-D's liquid items such as laundry detergent, fabric softener, dishwasher rinse aid, dish soap, and home and garden cleaning solution. As part of their pledge to provide natural, non-toxic cleaning solutions, these PCR bottles can be refilled at any of the 300 plus refill outlets dispersed across the UK. Upon reaching the end of their usability, these bottles are recyclable, thus reducing annual CO2 emissions by 14.3 tons, in contrast to the use of fresh plastic.
Who Are the Key Players in the Recyclable Packaging Market?
Major companies operating in the recyclable packaging market include:
• Amcor PLC
• Tetra Laval International SA
• Ardagh Group SA
• Ball Corporation
• Elopak AS
• DuPont de Nemours Inc.
• Mondi Plc
• Sealed Air Corp
• Plastipak Holdings Inc.
• Uflex Ltd.
• David S. Smith Plc
• Smurfit Kappa Group Plc
• WestRock Co.
• Huhtamaki Group
• Berry Global Group Inc.
• Gerresheimer Group AG
• Sonoco Products Company
• Crown Cork & Seal Company Inc.
• International Paper and Power Corp
• Stora Enso Oyj
• Graphic Packaging Holding Company
• Reynolds Group Holdings Ltd.
• National Amalgamated Packaging Ltd.
• BWAY Corporation
• Silgan Holdings Inc.
• AptarGroup Inc.
• Owens-Illinois Inc.
• Greif Inc.
• Pratt Holdings Proprietary Ltd.
• Evergreen Packaging LLC
What are the Regional Insights into the Recyclable Packaging Market?
Western Europe was the largest region in the recyclable packaging market in 2024. Asia-Pacific is expected to be the fastest-growing region in the recyclable packaging market share during the forecast period. The regions covered in the recyclable packaging market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
